March has been a busy month for our auction team, with two property auctions running from 5th-6th March 2025 and 26th-27th March 2025.
Over the course of our two auction events, we sold over 60 properties, generating more than £9.9 million for our grateful vendors!
By trusting in our proven auction method and bespoke marketing efforts, sellers can rely on rapid sales even when other agents have failed.
This is even true for ‘problem properties’, including homes in need of refurbishment, tenanted lets or properties that have languished on the market for several months.
With vendors receiving the funds from their sale in as little as 28 days, it’s hardly surprising that property auctions are continuing to grow in popularity.
Our next online property auction is on 23rd-24th April 2025, so if you have a property to list or would like to register to bid, simply visit our auction page using the link below.
During our 26th-27th March online auction, we sold 37 properties, generating more than £4.8 Million in sales.
There are still a few properties available to purchase post-auction. To see our remaining lots, and view some of our impressive auction results for yourself, simply follow the link to the auction page below.
We constantly update our auction pages as properties continue to sell post-auction, so be sure to check in regularly if there are any lots that interest you. We also publish our upcoming auction dates on our auction calendar to update clients about all our past and upcoming events.
This month’s auction success stories highlight how our proven auction method can help vendors sell with speed and certainty.
Each of the lots presented here represents an example of where our clients had struggled to sell their property on the open market or through other agents. By employing years of auction experience and targeted marketing strategies, our team was able to deliver fantastic results for our vendors.
After months of being on the open market, the vendors had reached a standstill and felt like the property would never sell.
With just one week to go before our 26th March auction, we stepped in, arranged last-minute viewings, and worked quickly to get the legal pack prepared. The property went on to sell for £136,000 – £21,000 above the agreed reserve price!
The vendors were ecstatic and finally able to gain closure on their mum and dad’s old house. This is a brilliant example of how auction sales can deliver results where the open market struggles.
Our client decided to sell this property after the tenants had vacated. They were concerned about it standing empty so needed a quick sale.
We agreed to aim for a reserve of £100,000 to £110,000 and placed a starting bid of £98,000. Given the vendor’s motivation to sell quickly, the reserve was set at an incredibly attractive £105,000.
We know from experience that once the lot flashes “reserve met”, buyers know they can buy the property. After some competitive bidding, the eventual sale price was £140,000.
Naturally, our client was thrilled and had this to say:
That’s brilliant news, thank you both so much…
I never realised how powerful online auctions are… been to a few live in-house ones, but very impressed.
Rest assured, once I have another to sell, I will be knocking on your door!
After an unsuccessful attempt to sell their tenanted property with another auction house, our vendor felt that a significant price reduction would be necessary to secure a sale. However, after trusting in our process and expertise, they entered the property into our March auction.
With our extensive buyer database and proactive approach, we successfully achieved a sale price of £24,000 above the guide price. Delighted with the result, the vendor was pleased not only with the higher-than-expected price but also with the smooth and efficient process, which provided him with the certainty and speed they had hoped for.
If you are looking to sell your property at auction, speak to our auction experts today. Edward Mellor is a leading national property auction house and the only local organisation that combines auction, estate agency, and financial services under one roof.
Our next online property auction is set to take place on the 23rd-24th of April 2025, so register today to bid and access legal packs for the properties on offer.
If you would like to find out more about selling at auction or how to register to bid, please do not hesitate to contact the auction team on 0161 464 7903 or email [email protected].
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